Billionaire Tom Steyer launches second $10 million ad attack on Trump -- targeting tax plan

Tom Steyer is putting up another $10 million to fight against President Donald Trump's proposed tax overhaul.

The Democratic megadonor spent $10 million last month on a one-minute ad calling for impeachment of the president that has run on national television.

The second ad campaign starts Thursday, and urges viewers to sign Steyer's NeedToImpeach.com petition to remove Trump from office,reported CNN.

The new ad focuses on the Republican tax plan, which Steyer says helps the wealthy and big corporations but hurts the middle class.

Steyer compares the GOP plan to the events that led to the 2008 financial collapse.

"It turned out that the system that had benefited people like me, who are well off, was in fact stacked against everyone else," Steyer says in the new ad. "It's why I left my investment firm and resolved to use my savings for the public good."

"But here we are, nine years later, and this president and a Republican Congress are making a bad situation even worse," he adds.

The Republican National Committee wasn't impressed.

“At this point, Tom Steyer should just light his money on fire," said Michael Ahrens, RNC spokesman. "Even Democrats like Nancy Pelosi are calling his baseless ad campaign a distraction.”